https://www.taxtmi.com/caselaws?id=242138 The appellant, a service provider, was absolved of penalties under Sections 76 & 78 for non-payment of service tax to PSUs during 2001-2005. The Tribunal found the appellant's belief that PSUs were not liable for service tax reasonable, especially as the appellant paid the tax themselves. Invoking Section 80 of the Finance Act, 1994 was deemed appropriate in this situation, leading to the waiver of penalties. The Tribunal highlighted the appellant's genuine belief and prompt payment for other customers, ultimately allowing the appeal and rejecting an extension of stay application. en-us Mon, 07 Oct 2013 00:00:00 +0530 Wed, 08 Jan 2014 08:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242138 The appellant, a service provider, was absolved of penalties under Sections 76 & 78 for non-payment of service tax to PSUs during 2001-2005. The Tribunal found the appellant's belief that PSUs were not liable for service tax reasonable, especially as the appellant paid the tax themselves. Invoking Section 80 of the Finance Act, 1994 was deemed appropriate in this situation, leading to the waiver of penalties. The Tribunal highlighted the appellant's genuine belief and prompt payment for other customers, ultimately allowing the appeal and rejecting an extension of stay application. Case-Laws Service Tax Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242138